How and Why to Get a Chip-and-PIN Credit Card

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Chip credit cards—also known as EMV, for Europay, MasterCard and Visa—have recently become the standard in the U.S. Just about every credit and debit card now comes with a chip, which improves security.

However, U.S. cards typically use chip-and-signature technology, not chip-and-PIN. Chip-and-PIN is the standard in most of the rest of the world. Having a card with chip-and-PIN technology can make traveling abroad much easier. So what’s the difference and where can you get one?

Chip-and-PIN vs. Chip-and-Signature

Chip-and-PIN cards differ from the more common chip-and-signature cards embedded with a chip. Purchases made with chip-and-PIN cards are verified by entering a PIN (personal identification number) instead of signing a receipt.

Unfortunately, chip-and-PIN cards are hard to get in the U.S. Your options are limited. The good news is that for most purchases, either type will do. The last time I was traveling across Europe, I needed a chip-and-PIN card only once to pay in an unmanned parking garage.

Since you’ll be able to use a chip-and-signature card 99% of the time, you have to wonder if it’s worth giving up the better benefits and rewards available with those cards just for the extremely rare circumstance when you might need a chip-and-PIN card.

Best Chip and Pin Credit Cards from our Partners

INTRO APR on Purchases
0% (up to 14 months)
INTRO apr on Balance Transfer
0% (up to 14 months)
Regular APR
SEE SITE
Annual Fee
$0
Bonuses & Rewards
  • September 2018: Best Chip and Pin Credit Cards
  • Clicking "Apply Now" will take you to the Credit-Land.com website to view card offers
  • Earn Cash Back or Miles Rewards
  • Offers Available for Excellent and Good Credit
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Having a chip-and-PIN card is definitely not critical, but it might make your life easier when you travel. Even though the PIN version of chip cards hasn’t gone mainstream in the U.S., you do have a few options if you want to get one.

It’s important to remember that while plenty of U.S. banks issue chip-and-signature cards, very few issue chip-and-PIN cards. Among those that do, some impose foreign transaction charges so they would not be useful overseas. And some have annual fees.

We’ve put together a list of cards that do not have annual fees and either have very low foreign transaction charges or none at all. Some of them do require joining a credit union.

Best Chip-and-Signature Travel Cards

Before we get into your options for chip-and-PIN cards, let’s take a look at a great travel card with chip-and-signature technology. This card will be good for 99% of your purchases, and it has better rewards than any chip-and-PIN card available in the U.S.

Capital One® Venture® Rewards Credit Card

INTRO APR on Purchases
N/A
INTRO apr on Balance Transfer
N/A
Regular APR
14.74% - 24.74% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Rewards Program
Venture® Rewards
Bonuses & Rewards
  • + Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels; learn more at hotels.com/venture
  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Named ‘The Best Travel Card' by CNBC, 2018
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates
  • No foreign transaction fees
  • + Miles won't expire for the life of the account and there's no limit to how many you can earn
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The Capital One Venture card is great because it earns miles fast and the rewards are very easy to use. You’ll get a 50,000-mile bonus worth $500 and earn 2% back on every purchase.

Venture miles are excellent for anyone who often flies in economy and has limited flexibility with travel dates. That’s because you can redeem miles for travel purchased from anywhere. There are no blackout dates or restrictions.

You don’t have to hunt down award seats or book with a specific airline or through a reward program’s webpage. Given how award availability has become more and more limited with every frequent flyer program, this is a very valuable benefit. That’s why I’ve been telling every traveler to get this card.

There a lot of excellent chip-and-signature travel cards. The Citi ThankYou Premier and Amex Gold Rewards cards have great travel benefits and transfer partners.

Citi Premier Card

INTRO APR on Purchases
N/A
INTRO apr on Balance Transfer
N/A
Regular APR
16.49% - 25.49% (Variable)
Annual Fee
$0 first year, then $95
Rewards Program
ThankYou®
Bonuses & Rewards
  • + Earn 3X Points on Travel, Including Gas Stations
  • + Earn 2X Points on Dining Out & Entertainment
  • + Earn 1X Points on All Other Purchases
  • Earn 50,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • 50,000 Points are redeemable for $625 in airfare on any airline, anytime with no blackout dates when booked through the ThankYou® Travel Center, or $500 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • No Foreign Transaction Fees on purchases
  • No Foreign Transaction Fee
  • + Points Transfer allows you to transfer points to participating airline loyalty programs
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American Express® Premier Rewards Gold Card

INTRO APR on Purchases
N/A
INTRO apr on Balance Transfer
N/A
Regular APR
N/A
Annual Fee
$0 first year, then $195
Rewards Program
Membership Rewards®
Bonuses & Rewards
  • 3x Points on Airfare
  • 2x Points on Dining, Hotels, Travel, Gas and Groceries
  • 1x Points on All Other Purchases
  • 25,000 bonus points after you spend $2,000 within the first 3 months
  • $100 airline fee credit
  • No Foreign Transaction Fee
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If you’d rather have a straight cashback card, there are lots of those, too. Consider the Capital One Quicksilver, Citi Double Cash or Discover it cards.

Capital One® Quicksilver® Cash Rewards Credit Card

INTRO APR on Purchases
0% intro on purchases for 15 months
INTRO apr on Balance Transfer
0% intro on balance transfers for 15 months
Regular APR
14.74% - 24.74% (Variable)
Annual Fee
$0
Rewards Program
Capital One® Cash Back Rewards
Bonuses & Rewards
  • % Earn unlimited 1.5% cash back on every purchase, every day
  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 14.74%-24.74% variable APR after that
  • 0% intro APR on balance transfers for 15 months; 14.74%-24.74% variable APR after that; 3% fee on the amounts transferred within the first 15 months
  • Pay no annual fee or foreign transaction fees
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Citi® Double Cash Card – 18 month BT offer

INTRO APR on Purchases
N/A
INTRO apr on Balance Transfer
0% 18 months on Balance Transfers
Regular APR
15.49% to 25.49% (Variable)
Annual Fee
$0
Rewards Program
Citi® Double Cash Reward Program
Bonuses & Rewards
  • Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
  • Balance Transfers do not earn cash back
  • 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.49% - 25.49% based on your creditworthiness
  • Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases
  • 3% foreign transaction fee
  • + No categories to track, no caps on cash back, no annual fee
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Discover it® Cash Back

Discover it® Miles Card
How to apply
To apply for this offer please contact
Discover Bank
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INTRO APR on Purchases
0% (14 months)
INTRO apr on Balance Transfer
0% (14 months)
Regular APR
13.99% - 24.99% Variable
Annual Fee
$0
Rewards Program
Cashback Bonus®
Bonuses & Rewards
  • + cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • + Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • + Redeem cash back any amount, any time. Rewards never expire.
  • + Use your rewards at Amazon.com checkout.
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
  • No annual fee.
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Chip-and-PIN Cards With No Foreign Transaction Charges and No Strings Attached

The following are the only fee free chip-and-PIN cards that don’t require you belong to a credit union:

BankAmericard Travel Rewards card has no annual fee and no charges on foreign transactions
BankAmericard Travel Rewards card has no annual fee and no charges on foreign transactions

Chip-and-PIN With No Foreign Transaction Charges and Only a Few Strings Attached

These cards are issued by credit unions, which aren’t generally offered to the general public, but are easy to join:

  • Andrews Federal Credit Union: Visa Platinum Rewards
  • State Department Federal Credit Union: Visa Platinum
  • PenFed Credit Union: PenFed Premium Travel Rewards American Express, PenFed Promise Visa and PenFed Gold Visa

If you join the American Consumer Counsel, which is free, you can get the Andrews FCU Visa Platinum Rewards card and the State Department FCU Visa Platinum card. Andrews FCU also requires you to open a savings account and make a deposit of at least $5.

To qualify for the Penfed cards, you just have to make a small donation to the National Military Family Association or Voices of American Troops.

Chip-and-PIN Cards With a 1% Foreign Transaction Charge

Although the Wings Financial Visa Signature card is issued by a credit union, you do not need to join to get the card.

You’ll have to join the United Nations Association of the United States of America (UNA-USA) to get the UNFCU Visa Azure. The fee for joining varies from free to $1,000.

The only special requirement for getting the Commerce Bank Visa Signature is that you have to apply in person at a Commerce Bank branch.

The USAA World MasterCard is only available to USAA members. So you’ll have to be in the military, a veteran, or an eligible family member.

Chip-and-PIN Debit Cards

Another option for getting a chip-and-PIN card is to open a bank account with a bank offering chip-and-PIN enabled debit cards.

The Charles Schwab Bank Visa Debit Card is one of those cards. There’s no annual fee and no foreign transaction charges. One unique feature of this card is that there are no ATM fees, which comes in handy when you need cash while traveling abroad. You have to call Charles Schwab to open an account to get this debit card.

First Republic’s Visa Debit Card also offers chip-and-PIN. Although there’s no annual fee, they do not list their foreign transaction charges.

Barclays Travel Card: Chip-and-PIN plus Rewards

Barclaycard Arrival Plus MasterCard
Barclaycard Arrival Plus MasterCard

There’s one chip-and-PIN credit card with an annual fee that’s worth considering: Barclaycard Arrival Plus World Elite MasterCard It has no foreign transaction fees and comes with a 40,000 mile sign-up bonus. You’ll also earn 2.2 percent cash back, and the $89 annual fee is waived for the first year.

Bottom Line

In a few specific circumstances, it can be very convenient to have a chip-and-PIN card when traveling abroad. They’re sometimes required at automatic kiosks—including some toll booths, parking garages and train stations—and by the occasional vendor.

But for 99% of your transaction abroad (and all of them in the U.S.) the standard chip-and-signature card will do just fine. Considering how hard it is to find a chip-and-PIN card in the U.S., you’re going to be better off getting a good chip-and-signature card with better benefits and rewards.